Coursera reports revenue declines in degree business - Natalie Schwartz, Higher Ed Dive

Although Coursera reported overall revenue growth in 2022’s second quarter, revenue from the company’s degree segment declined 4% to $11.4 million, according to its latest earnings report. Jeff Maggioncalda, Coursera’s CEO, said the degree segment’s revenue decline was due to lower-than-expected student enrollment, particularly in programs offered by U.S. and European institutions. The company’s net loss widened to $49.3 million in the second quarter, up 6.4% from a year ago. 

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